Amalgamated Financial (AMAL) Declares $0.08 Quarterly Dividend; 2% Yield

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Amalgamated Financial (AMAL) Reports Q4 EPS of $0.50

January 27, 2022 6:25 AM EST

(Updated - January 27, 2022 6:26 AM EST)

Amalgamated Financial Corp. (Nasdaq: AMAL), the holding company for Amalgamated Bank, today announced financial results for the fourth quarter ended December 31, 20211.

Fourth Quarter 2021 Highlights

Net income of $15.9 million, or $0.50 per diluted share, compared to $14.4 million, or $0.46 per diluted share, for the third quarter of 2021 and $13.8 million, or $0.44 per diluted share for the fourth quarter of 2020.Total assets exceeded $7.0 billion for the first time.Deposits increased $131.8 million to... More